Details

Summary:

This paper evaluates the IMF's policy on the use of quantitative limits on public debt in IMF-supported programs (the "debt limits policy") and proposes a number of modifications. The review is taking place at a time when many countries are experiencing heightened debt vulnerabilities or actual debt distress, aggravated by the COVID-19 shock, and occurring against the backdrop of a changing credit landscape in which concessional finance is scarcer relative to countries' investment needs.

Notes:

Part of the IMF eLibrary collection.
Description based on print version record.

Other format:

Print Version: Reform of the Policy on Public Debt Limits in IMF-Supported Programs

ISBN:

1513573993
9781513573991

Publisher Number:

10.5089/9781513573991.007 doi

Access Restriction:

Restricted for use by site license.